Mutual Opportunities
Actuary - Actuarial Investments & Audit
Boston, Massachusetts; Springfield, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
At MassMutual, actuaries play a key role in the company’s strategic decision-making. They support our expanding client base by developing innovative products, identifying new market opportunities, and driving initiatives that fuel business growth.
Our actuarial team draws intellectually curious individuals who want to work somewhere where they’re empowered to make change. At MassMutual you’ll find challenging and impactful work, a culture of recognition, and a supportive growth environment.
“At MassMutual, our actuarial community is driven by a shared commitment to excellence, innovation, and impact. We empower our actuaries to grow through meaningful work, collaborative teams, and a culture that values both technical rigor and human connection. Whether you're just starting out or advancing your career, you'll find opportunities here to shape the future of financial security while building a career that matters.”
Job Description
The Opportunity
As an Actuary for Actuarial Investments and Audit, you will step into a high impact role where your actuarial expertise helps shape meaningful change across the enterprise! In this role, you will operate as an actuarial risk and control expert, providing advice to audit associates and business area leadership, while championing compliance with standards for audit practices and procedures. You will work independently and collaboratively to support complex, risk-based audits across the actuarial, risk, and investment domains, delivering value added recommendations that strengthen control effectiveness and drive positive change across the enterprise.
The Team
You’ll join a high performing Actuarial & Investments Audit team of about 50 professionals around the globe; all committed to strengthening MassMutual’s control environment and supporting strategic growth. The Actuarial & Investments Audit team—based in Boston and Springfield—combines actuarial, risk, investment, and audit expertise to tackle complex challenges and drive meaningful change. We foster a culture of learning, inclusion, collaboration, and open communication, partnering closely with business leaders and cross functional teams to deliver insights that make a real impact.
The Impact:
In this role, you’ll have the opportunity to influence key decisions across MassMutual by bringing actuarial insight into some of the company’s most important risk and control areas. Our team assists the MassMutual Board of Directors Audit Committee and management in monitoring, analyzing, and strengthening internal controls. You’ll shape how the business manages emerging risks, strengthen core processes, and collaborate across teams to deliver work that truly makes an enterprise-wide impact.
In this role, you will:
- Lead engaging, complex audits across valuation, pricing, product development, FP&A, investments, ALM, hedging, and risk management.
- Assess inherent and residual risks and evaluate the effectiveness of internal controls to support sound business decisions.
- Evaluate methods, assumptions and processes to ensure alignment with internal standards, best practices, and Actuarial Standards of Practice.
- Develop and nurture relationships with strong partnerships across the business and Corporate Audit to enhance communication, collaboration, and influence.
- Provide meaningful, actionable recommendations that help leaders address emerging risks and drive continuous improvement across the enterprise.
The Minimum Qualifications
- Bachelor’s degree in actuarial science, mathematics, statistics, or related discipline.
- ASA designation
- 5+ years of progressive actuarial, financial, investments, or audit experience.
The Ideal Qualifications
- FSA designation
- Professional designations in finance, investments, or audit (e.g. CFA, CIA, etc.)
- Experience with actuarial tools (GGY AXIS, Prophet)
- Familiarity with programming languages and visualization tools (e.g. R, Python, SQL, Alation, MicroStrategy, Tableau).
- Strong communication and influencing skills with leaders at various levels
- Experience with audit techniques, including evaluating risks and controls, testing calculations, audit validation, negotiating control improvements, and confirming their implementation.
- Demonstrates a strong understanding of inherent and residual risks to assess the design and effectiveness of internal controls.
What to Expect as Part of MassMutual and the Team
- Regular meetings with the Actuarial and Investments Audit team.
- Focused one-on-one meetings with your manager
- Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups.
- Access to learning content on Degreed and other informational platforms.
- Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits.
#LI-KM1
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $144,800-$190,000
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 85% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say the work they do at MassMutual is meaningful - 85% of employee respondents say they feel encouraged to come up with new and better ways of doing things
*Source: 2025 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. It’s more than our company structure — it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources and rely on each other when it counts.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Kevin
Compliance Consultant
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Service Management Consultant
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Head of Experience Journey Mapping
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